SWARMS · Convergence Trade
Profit Calculator
Three scenarios: the current spread 0.14% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$13.50 | -$36.50 | -$86.50 |
| Round-trip fees | −$18.00 | −$18.00 | −$18.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.35 | +$0.35 | +$0.35 |
| Net potential | -$4.15 | -$54.15 | -$104.15 |
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 216 samples
Live spread — order book
on size $10,000Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
Gate.io(cex)- Mark Price
- $0.008740
- Exchange Ticker
- SWARMS_USDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $929.28K
- 24h Vol
- $197.15K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Long
Aster(dex)- Mark Price
- $0.008752
- Exchange Ticker
- SWARMSUSDT
- Taker / Maker
- 0.04% / 0.01%
- Funding APR(1h)
- +41.85%
- OI
- $79.94K
- 24h Vol
- $27.11K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short167 long / 179 short samples · 2 days · auto-refresh every 30s